When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. OurPrivacy Noticeexplains more about how we use your data, and your rights. You can unsubscribe at any time.

MULTI-millionaire betting magnate Fred Done is to pump cash into building a truck stop and logistical units on Anglesey - creating 50 new jobs.

The BetFred boss has entered into a joint venture with Conygar Investment Company for the site at Parc Cybi, Holyhead - exploiting the town’s position as the country’s second busiest freight port. The joint venture, known as Road King Holyhead, will occupy a nine acre facility and create a 200 space truck stop and associated amenities together with 10 logistical support units.

Conygar and Road King have each committed £2.5 million to fund the construction. The aim is to be on site in the spring of 2014 with the truck stop scheduled to become operational by the end of next year.

The site will be operated by the Road King, which is owned by the Done family.

As well as supporting the port the stop may also potentially serve as a logistics facility for the proposed construction of the Wylfa Newydd nuclear power station. Conygar also has consent at Parc Cybi for 110,000 sq ft of distribution and storage facilities and 30,000 sq ft of offices on an adjacent site.

Peter Batchelor, Conygar and Roadking Holyhead director, said: “We had identified the requirement for this facility some time ago and considered a variety of sites but unfortunately they were all too remote from the Port. Thanks to a decision taken by Mrs Edwina Hart AM on behalf of the Welsh Government to make the land available at Parc Cybi, the project can now proceed and create much needed jobs.

“We are confident that this facility will be the catalyst for the development of Parc Cybi as a distribution warehousing centre for the logistics industry using the port of Holyhead.”

Fred Done, chairman of BedFred, said “This development is a further expansion of the Road King brand and concept following the success of The Hollies Truck Stop and I am pleased to be working with the Conygar team and believe there will be other development opportunities in the future.”

Minister for Economy and Transport, Edwina Hart said: “I am very pleased to see this project get the go-ahead. As well as creating jobs and providing a boost for the local economy the truck stop is a vital development along this strategically important route and for the growth of Parc Cybi industrial park.”

Wales Office Minister, Stephen Crabb MP said: “Today’s announcement from Conygar and Roadking is a clear demonstration of how the private sector is already grasping the opportunities arising from new nuclear investment. The Secretary of State for Wales, David Jones has long made clear the importance of businesses using these opportunities to springboard into new markets.”

Wyn Parry Stena Line Ports Manger, said: “At Stena Line we wholeheartedly welcome this exciting development. We see the development of a dedicated truck stop facility close to the port as a significant positive development for Holyhead, its customers and the local community.”

Alan Miles, managing director of Maxi Haulage, said “The addition of a dedicated truck stop facility adjacent to Holyhead Port will be a welcome addition for the haulage industry.”

Cliff Everett, Holyhead Town clerk, said: “Not only will it add to the competitiveness of Holyhead Port and create the type of jobs which are needed but also relieve the chronic problem of the indiscriminate parking of HGV’s throughout the town.”

Eugene Curran, Freight Manager, Irish Ferries said “This much needed development will be of great benefit to the strategically significant short sea route between Holyhead and Dublin.”

Arthur Owen, Director of Planning, Anglesey council, said “Anglesey council warmly welcome the news that work will soon start on this much needed facility.”